#### Introduction to Pradhan Mantri Fasal Bima Yojana (PMFBY)
Pradhan Mantri Fasal Bima Yojana (PMFBY) is an ambitious crop insurance scheme launched by the Government of India to provide financial support to farmers in the event of crop failure due to natural disasters, pests, or diseases. The scheme aims to reduce the financial risks faced by farmers and ensure food security by safeguarding their agricultural produce.
#### Objectives of Pradhan Mantri Fasal Bima Yojana (PMFBY)
Providing financial assistance to farmers in case of crop damage
Ensuring the stability of farmers' income
Promoting new technologies in agriculture
Encouraging farmers to adopt modern agricultural practices
#### Benefits of Pradhan Mantri Fasal Bima Yojana (PMFBY)
Comprehensive coverage for all stages of the crop cycle
Premium subsidy for farmers to reduce financial burden
Timely claim settlement to facilitate quick compensation
Post-harvest coverage for loss/damage of produce in the warehouse
#### Eligibility Criteria for Pradhan Mantri Fasal Bima Yojana (PMFBY)
All farmers growing notified crops in the notified areas are eligible.
The scheme covers both loanee and non-loanee farmers.
The minimum and maximum age of the farmers may vary as per state regulations.
#### Application Process for Pradhan Mantri Fasal Bima Yojana (PMFBY)
1. Visit the nearest Common Service Centre (CSC) or the agriculture department office.
2. Fill out the application form with accurate details.
3. Submit relevant documents and pay the premium, if applicable.
4. Receive a printed copy of the insurance policy.
#### Documents Required for Pradhan Mantri Fasal Bima Yojana (PMFBY)
1. How is the premium calculated under PMFBY?
– The premium rates are fixed by the government and shared between the farmer and the government.
2. What crops are covered under PMFBY?
– The scheme covers major crops such as cereals, pulses, oilseeds, and commercial crops.
#### Contact Information for Pradhan Mantri Fasal Bima Yojana (PMFBY)
For more information or assistance, you can contact:
– Toll-free helpline: 1800-180-1551
– Email: pmfby[at]gov[dot]in
– Visit the nearest agriculture department office for in-person assistance.
